{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T05:39:50-04:00", "answer_date": "2024-06-28 05:39:50", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4247484", "url": "\/study-help\/questions\/how-do-i-enter-these-journal-entries-to-quickbooks-december-4247484", "question_creation_date_js": "2024-06-28T05:39:50-04:00", "question_creation_date": "Jun 28, 2024 05:39 AM", "meta_title": "[Solved] How do I enter these journal entries to q | SolutionInn", "meta_description": "Answer of - How do I enter these journal entries to quickbooks? DECEMBER, 2020 2 cash 4,320.00 sales 4,320.00 3 cash 1,000.00 acco | SolutionInn", "meta_keywords": "enter,journal,entries,quickbooks,december,2020,2,cash,4,320.00,sales,3,1,000.00", "question_title_h1": "How do I enter these journal entries to quickbooks? DECEMBER, 2020 2 cash 4,320.00 sales 4,320.00 3 cash 1,000.00 account receivable 1,000.00 4 salaries expense", "question_title": "How do I enter these journal entries to quickbooks? DECEMBER, 2020 2", "question_title_for_js_snippet": "How do I enter these journal entries to quickbooks DECEMBER, 2020 2 cash 4,320 00 sales 4,320 00 3 cash 1,000 00 account receivable 1,000 00 4 salaries expense 1,300 00 direct labor 3,900 00 cash 5,200 00 5 other operating expenses 2,765 00 cash 2,765 006 raw materials 10,850 00 accounts payable 10,850 00 7 work in progress 6,085 00 manufacturing overhead 6,085 00 8 work in progress 15,510 00 raw materials 9,660 00 manufacturing overhead 5,850 00 9 finished goods inventory 22,175 00 work in progress 22,175 00 10 supplies 1,310 00 supplies inventory (1640 330) 1,310 00Loss on inventory raw material inventory (2,230 2380 50 cash 27,410 00 sales (27,410 105 fee) other income (3,500 x 3 ) 27,305 00 cost of goods sold finished goods inventory 20,530 08 20,530 08 (27,305 1 33 ) 13 FICA 1,200 00 FUTA 710 00 SUTA 435 00 Accrued Payroll taxes 2,345 00 Depreciation Interest Recognized for the period Depreciation expense 600 00 Accumulated Depreciation Furniture 600 00 (26,000 2,000 10 2,400 x 3 12) Depreciation excpense 750 00 Accumulated Depreciation Equipment 750 00 (18,000 3,000 5 3,000 x 3 12)Depreciation excpense Accumulated Depreciation Equipment 750 00 (18,000 3,000 5 3,000 x 3 12) Depreciation expense Accumulated Depreciation Machinery 15,000 7 x 2 12 357 14 357 14 Interest Expense Interest Payable 225 00 (15,000 X 9 X 2 12 225)", "question_description": "

How do I enter these journal entries to quickbooks?<\/p>

\"image\"image\"image\"image\"image<\/div><\/div><\/div> DECEMBER, 2020 2 cash 4,320.00 sales 4,320.00 3 cash 1,000.00 account receivable 1,000.00 4 salaries expense 1,300.00 direct labor 3,900.00 cash 5,200.00 5 other operating expenses 2,765.00 cash 2,765.006 raw materials 10,850.00 accounts payable 10,850.00 7 work in progress 6,085.00 manufacturing overhead 6,085.00 8 work in progress 15,510.00 raw materials 9,660.00 manufacturing overhead 5,850.00 9 finished goods inventory 22,175.00 work in progress 22,175.00 10 supplies 1,310.00 supplies inventory (1640 -330) 1,310.00Loss on inventory raw material inventory (2,230-2380 = 50 cash 27,410.00 sales (27,410 105 fee) other income (3,500 x 3 %) 27,305.00 cost of goods sold finished goods inventory 20,530.08 20,530.08 (27,305 \/ 1.33 % ) 13 FICA 1,200.00 FUTA 710.00 SUTA 435.00 Accrued Payroll taxes 2,345.00 Depreciation\/Interest Recognized for the period Depreciation expense 600.00 Accumulated Depreciation -Furniture 600.00 (26,000-2,000 \/ 10 = 2,400 x 3\/12) Depreciation excpense 750.00 Accumulated Depreciation -Equipment 750.00 (18,000-3,000 \/5 = 3,000 x 3\/12)Depreciation excpense Accumulated Depreciation Equipment 750.00 (18,000-3,000 \/5 = 3,000 x 3\/12) Depreciation expense Accumulated Depreciation - Machinery 15,000 \/ 7 x 2\/12 = 357.14 357.14 Interest Expense Interest Payable 225.00 (15,000 X 9% X 2\/12=225)", "transcribed_text": "", "related_book": { "title": "Entrepreneurial Finance", "isbn": "1305968352, 978-1337635653, 978-1305968356", "edition": "6th edition", "authors": "J. Chris Leach, Ronald W. Melicher", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1482.jpg", "uri": "\/textbooks\/entrepreneurial-finance-6th-edition-1482", "see_more_uri": "" }, "free_related_book": { "isbn": "B093RP1FTY", "uri": "\/textbooks\/moving-forward-pathway-to-mastery-volume-1-book-2-1st-edition-979-8743221844-271097", "name": "Moving Forward Pathway To Mastery Volume 1 Book 2", "edition": "1st Edition" }, "question_posted": "2024-06-28 05:39:50", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/each-of-the-given-situations-is-independent-of-the-other", "description": "Each of the given situations is independent of the other. 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